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Here are the 50 most expensive neighborhoods in NYC according to PropertyShark

Can you even afford the west side?

Written by
Mark Peikert
Cruise ship in NYC
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New York City real estate didn’t just stay expensive last year—it rewrote the luxury playbook.

What was once a skyline dominated by skyscrapers housing offices now reads like a borough-wide tapestry of desirability. Hudson Yards holds its crown as the titan of exclusivity for the seventh year running, with a staggering $5.58 million median sale price. And that's a 22 percent year-over-year dip. Manhattan’s financial gravity keeps ultra-premium prices clustered on its west side and buyers, undeterred, are still writing checks that could buy mansions in other parts of the country.

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SoHo, long a magnet for art, fashion and glazed brick facades, surged back into the number two slot, its median climbing to $3.73 million as co-op and condo prices lifted the entire neighborhood’s metric. TriBeCa, NoHo and Central Park South round out the top five, each commanding eye-watering figures and bidding wars that stay fierce from Park Place to Broadway.

Yet the story of 2025 is not just in Manhattan. Brooklyn strides into view with Cobble Hill anchoring the borough’s presence in the top 10 at roughly $1.85 million. Other Brooklyn enclaves are showing the fastest year-over-year jumps in transactions (think Boerum Hill’s condo boom), and even Waterfront districts farther south are climbing with shocking speed.

Queens, too, has carved its niche. Malba, a name once reserved for Queens insiders, now sits proudly as the borough’s highest-priced neighborhood at No. 16, a sign that luxury has truly gone beyond the traditional Manhattan/Brooklyn corridor (although Queens dropped down to just six neighborhoods from 10).

The mechanics behind the numbers are as telling as the figures themselves. Manhattan still dominates with half of the top 50 most expensive neighborhoods, but Brooklyn isn’t far behind, and Queens’ showing reflects how price growth is radiating outward as buyers chase space, character and value where it still exists within city limits.

New York’s luxury market doesn’t reflect wealth so much as where wealth chooses to plant roots. From Hudson Yards’ glass towers to Cobble Hill’s brownstones, the priciest ZIP codes tell a story of a city whose real estate allure remains global, even as it continually reshapes itself.

The 50 most expensive neighborhood in NYC:

  1. Hudson Yards

  2. SoHo

  3. TriBeCa

  4. NoHo

  5. Central Park South

  6. NoLIta

  7. Hudson Square

  8. Carnegie Hill

  9. NoMad

  10. Cobble Hill

  11. DUMBO

  12. Boerum Hill

  13. Central Midtown

  14. Columbia Street Waterfront District

  15. Carroll Gardens

  16. Malba

  17. West Village

  18. Williamsburg

  19. Two Bridges

  20. Flatiron District

  21. Garment District

  22. Greenwood Heights

  23. Park Slope

  24. Greenpoint

  25. Lenox Hill

  26. Lincoln Square

  27. Gowanus

  28. Fort Greene

  29. Greenwich Village

  30. Red Hook

  31. Theatre District–Times Square

  32. Chelsea

  33. Upper West Side

  34. Manhattan Beach

  35. Mill Basin

  36. Prospect Heights

  37. Brooklyn Heights

  38. Financial District

  39. Downtown Brooklyn

  40. Prospect–Lefferts Gardens

  41. Fresh Meadows

  42. East Village

  43. Gramercy Park

  44. Belle Harbor

  45. Neponsit

  46. Hunters Point

  47. Battery Park City

  48. Chinatown

  49. Hollis Hills

  50. Clinton Hill

  51. Dyker Heights

  52. Borough Park

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